OEH Orient-Express Hotels Ltd. (OEH) is a hotel and travel based company. OEH owns 50 properties (all of which it manages), consisting of 41 individual deluxe hotels, one stand-alone restaurant, six tourist trains and two river/canal cruise businesses. These are located in 24 countries worldwide. The Company has three business segments: hotels and restaurants, tourist trains and cruises and real estate and property development. As of December 31, 2010, OEH’s portfolio of hotels consisted of 3,564 individual guest rooms and multiple-room suites, each known as a key. During the year ended December 31, 2010, its deluxe hotels included 36 wholly owned, of which 12 were located in Europe, seven in North America and 15 in the rest of the world. On January 22, 2010, OEH acquired two hotels in Taormina, Sicily (Italy), which is the Grand Hotel Timeo and the Villa Sant’Andrea. In January 2010, OEH completed the sale of Lilianfels Blue Mountains (85 keys) to a third party.
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